Financial Reporting—Management & Statutory Reporting Solutions
Often developed in parallel with a basic consolidation application, the key to a successful Financial Reporting application is a strong understanding of the community that will use these management and statutory reports.
Are users centralized or decentralized? Is their computer literacy high or low? Do users simply want to browse the information and display pre-formatted reports, or do they tend to use the detailed data and information for customized analysis, planning or reporting purposes? These diverse user profiles must be determined before specifying the functional and technical requirements of the application. Before designing a customized reporting application to fit your organization, Profisee ensures that the underlying business requirements are agreed to by the user community, and that repeatable business processes exist to create and access the necessary financial data.
We also understand that different users have different needs—one size rarely fits all. From an information delivery perspective, Profisee can implement a wide variety of presentation and publication methods, including printed paper reports (still a requirement in many organizations), intranet presentation using browsers and dynamic visualization tools, as well as seamlessly integrated spreadsheet access for the ultimate in flexibility and re-use with other systems.
The Profisee team has spent the majority of their careers implementing financial reporting applications for large corporations, and has extensive, practical knowledge of the business and technology issues that commonly arise in this application category. Profisee can ensure your organization gets its financial reporting right the first time, meeting the varied needs of end-users, finance, information systems and compliance departments. We can provide full turnkey solutions, or act in an advisory capacity to help you navigate each step of your financial reporting initiative.